| Joined: Jan 2007 Posts: 263 Likes: 1 Member/250+posts | Member/250+posts Joined: Jan 2007 Posts: 263 Likes: 1 | Wow...you guys are fast...and thorough.
I've got Mike's very good book...although I would have liked a little more on the "what to look for side".
Yes, lots out there for $30...but taking one that's in the classified as an example - '67 150G for $22 K...it't got over 1600 hours on the engine, so I'd have to shell out $17K (US) to get the engine done in a couple of years AND import it into Canada, which apparently will ding me another $5-$10 to import it.
1959 150
| | | | Joined: Dec 2004 Posts: 10,729 Likes: 105 $ Member/10,000+ posts! | $ Member/10,000+ posts! Joined: Dec 2004 Posts: 10,729 Likes: 105 | Keep looking. My plane, with nice paint and nice interior was $19k. It had a whopping 287 hours on the engine.
Jeff Hersom N3740J '67 150G "Gremlin" Hangar W-6, Helena Regional Airport Places I have landed Gremlin: ![[Linked Image from visitedstatesmap.com]](https://visitedstatesmap.com/image/ALAKFLGAIDILINIAKSKYLAMIMNMSMOMTNENCNDOHOKSDTNTXWIWYsm.jpg) | | | | Joined: Aug 2005 Posts: 2,525 Member/2500+posts | Member/2500+posts Joined: Aug 2005 Posts: 2,525 | Rob,, as well, don't forget the lowly GST, On the plus side, it can all be done without a broker. After buying mine, and clearing customs at Vancover BC, the customs officer wanted to meet the broker,, I told him that I didn't have one, nor did I need one. I told him it was just another way of people having their hands in my pocket. He dthen tried giving me a line about how was I going to pay,, Gave him my Visa,, he then indicated he'd have to figure out how much duty I'd have to pay,, at that point I told him to go read his regulations, as there was no duty applicable, just PST and GST. I even told him how much,, minus what I could bring across because I'd been in the US for 7 days. He then disappeared for about an hour, then he returned and said my Visa card wouldn't work,, I told him B.S., let me see it,, he gave it to me and would you beleive they'd wrecked my card,, boy was I pissed, that's why it didn't work, They were morons and tried running my card through those old machines and bent it,, Fortunately, I had a second one, so I pulled it out and before giving it to him I asked him If he'd like me to go in and do it for him,, 5 minutes later,, everything was paid up and I got out of there. These guys that I ran into were morons, I don't think they were even native to Canada as they had problems speaking english. hopefully if you buy from the US you'll have better results. I could tell you more about it,, but it gets fairly long,, If you ever do get an airplane from the US and need to help, PM me and I'll indicate some of the things I had to do. Would I do it again,, yes definately, got exactly what I wanted,, would I imort into Vancouver again, no, I'd probably import into Calgary.
Lionel, and my 1974 150L C-FETZ
| | | | Joined: Dec 2003 Posts: 5,951 Likes: 1 Member/5000+posts! | Member/5000+posts! Joined: Dec 2003 Posts: 5,951 Likes: 1 | Welcome aboard Rob.
As a well experienced buyer or airplanes I can tell you that the most important two things for both the buyer and seller are patients and patients. There are very few if any bargains. (I know that I will hear back on that one.) Most airplane sellers have a pretty fair idea of what they are selling is worth. Most first time buyers may or may not. Occasionally a very patient and expert or very lucky buyer will be able to find a good airplane priced lower than the retail market, but not often.
If you buy an airplane cheap you get a cheap airplane. If you buy an airplane for a lot of money you may still get a cheap airplane. The best that you can hope for is to find an airplane that you like that is priced fairly. A fair price, according to the National Aircraft Appraisers Association, for 1967 150 with new paint, mid time engine. poor interior and a major damage history runs from $13,000 to $20,000. The top end of the price rang is well below the price being quoted to you.
One thing to bear in mind is that when it comes time for you to sell the plane the damage history is still there. It will reduce the price of the plane and make it take longer to sell. Normally I don?t much care about damage history when I am buying a plane, provided of course that the damage has been properly repaired and the repairs are properly documented. Water damage is the single exception. I wouldn?t look twice at a plane that had been submerged. The remediation may have been done well and the airplane may be just fine but then again it may not. There are a lot of good airplanes out there that cost less and have fewer questions attached than the one that you are considering.
You need to feel good abut the plane that you are going to buy but never fall in love with another man?s airplane. | | | | Joined: Jun 2004 Posts: 35,523 Likes: 554 DA POOBS Member with 30,000+ posts!! | DA POOBS Member with 30,000+ posts!! Joined: Jun 2004 Posts: 35,523 Likes: 554 | ![[Linked Image from animatedimages.org]](https://www.animatedimages.org/data/media/218/animated-penguin-image-0137.gif) [ animatedimages.org] Imagine a united world. Join the Popular Front for the Reunification of Gondwanaland. | | | | Joined: Jan 2007 Posts: 263 Likes: 1 Member/250+posts | Member/250+posts Joined: Jan 2007 Posts: 263 Likes: 1 | Thanks Lionel - I'll expand my search to US planes with eyes wide open. Thanks Wayne - Hide this from the sellers, I am prepared to pay for an aircraft that I intend to keep for a long time. Looking is fun, but can be scary. Check out the ad...then the document from the Transport Canada website!!! C-150 -- C-FSSO [ westcanaircraft.com] The following airworthiness defects existed in an aircraft registered C-FSSO following certification on an Annual Inspection of the aircraft by (I took out the name - Rob). - Five rollers on the flap track were found seized. - The instrument panel was found nearly detached from the aircraft - The aircraft had been out of service for 11 years, there was no record of a corrosion inspection being accomplished on the engine. - The mandatory corrosion inspection on the propeller had not been carried out. It was 33 years past due. - Outstanding defects were not entered into the technical records.
1959 150
| | | | Joined: Jan 2004 Posts: 18,962 Likes: 3 Member/15,000 posts | Member/15,000 posts Joined: Jan 2004 Posts: 18,962 Likes: 3 | Sounds like some of the annuals I've seen signed off! SERIOUSLY!  | | | | Joined: Apr 2005 Posts: 9,798 Likes: 97 Member/7500+posts | Member/7500+posts Joined: Apr 2005 Posts: 9,798 Likes: 97 | Despite conventional thinking, lots of folks want to at least know of an IA like that, just in case... 
Gary Shreve When writing the story of your life, never, ever let someone else hold the pen. [ Linked Image] | | | | Joined: Jan 2007 Posts: 263 Likes: 1 Member/250+posts | Member/250+posts Joined: Jan 2007 Posts: 263 Likes: 1 | I have no special access or knowledge...so I'm not sure why I'm feeling badly...but I am.
However, one could take the public ident of C-FSSO and enter it into a public search engine like Google.ca...and click "pages from Canada" and view the results.
1959 150
| | | | Joined: Jul 2004 Posts: 167 Likes: 1 Member/100+posts | Member/100+posts Joined: Jul 2004 Posts: 167 Likes: 1 | The link is to an appeal of an AME's licence suspension, which was based on several annuals similar to the C-FSSO one. The appeal was denied, as the finding was:
DETERMINATION By virtue of the evidence submitted and the testimonies rendered, the Tribunal has decided to uphold the Minister?s decision and confirm the suspension of the Applicant?s Aircraft Maintenance Engineer Licence.
To have the suspension lifted, the AME had to meet conditions listed in another document which is not attached.
Reg Scotland CF-YIL 1960 C-150 Near Toronto, Ontario Canada
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